Luminar (LAZR) surges as Rivian plans LiDAR integration in future R2 models, boosting autonomous driving tech.

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Swedish automaker Volvo has canceled a five-year-old contract with Luminar, the latest escalation in an increasingly ugly brawl between the lidar sensor company and its biggest customer. The fight is ...

Generative AI has leapt from research labs into everyday life at an unprecedented pace. For many, the gateway into this technology is ChatGPT, a conversational AI that can answer questions, draft ...

It seems like the writing was already on the wall last week when Volvo moved to make its Luminar-supplied LiDAR system an option – there are now reports that the Swedish car brand is set to ditch ...

Volvo Cars has terminated its supply deal with Luminar Technologies, the US-based automotive lidar pioneer whose financial position already looks perilous. In a November 17 filing with the US ...

Revenue: $18.7 million, up 20% sequentially and 21% year over year. Gross Loss (GAAP): Negative $8.1 million. Gross Loss (Non-GAAP): Negative $7.3 million. Operating Expenses (GAAP): $66.6 million.

The Details: Luminar Technologies reported quarterly losses of 94 cents per share, which beat the analyst estimate for losses of 99 cents. Quarterly revenue came in at $18.74 million, which missed the ...

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